City Second - 15 Littlefield Terrace
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Posting Date |
5/16/19 |
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Type of Unit |
City Second Loan Program Market Rate Program with No Resale Price Restrictions |
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Development Name |
Parkview Heights |
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Address  |
15 Littlefield Terrace |
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# Bedroom  |
3 |
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# Bathroom  |
2 |
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Square footage |
956 |
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Maximum Income Level of Applicants |
120% of Area Median Income 3 Person-$133,000 4 Person-$147,800 5 Person-$159,600 6 Person-$171,400 |
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Offer Price (City Second borrower must be able to match the offer price) |
$1,075,000 |
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Application Period |
Thursday, 5/23/19, 8:00am PST – Friday, 6/7/19, 5:00pm PST |
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Date Right of First Refusal Starts |
Thursday, 5/16/19 |
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Date Right of First Refusal Ends |
Monday, 7/1/19 |
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Maximum City Second Downpayment Assistance Loan Amount |
Up to $375,000 available for City Second Units based on funding availability. Â 2018 DALP pre-approved homebuyers can utilize their reserved DALP funds for the purchase of this property and are welcomed to submit an offer. All program eligibility requirements must be met. |
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Minimum Downpayment Required Based on Offer Price |
$53,750 |
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Parking |
1 space |
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Monthly Homeowner Dues |
$255 |
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Contact Person: |
David Leonard |
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Phone: Â |
(415) 404-2804 |
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Email: |
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MSL Link: |
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Open House:Â |
Sunday, 5/19/19, 2pm – 4pm |
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Special Remark: Â |
City Second Loan is available for qualified buyers on a first come, first served basis.  The Property is subject to the City’s Grant of Right of First Refusal Agreement. New buyers will enter into a Grant of Right of First Refusal with the City. For more information please visit our website: http://sfmohcd.org/city-second-loan-program |